Marco Valez Is Comparing Forms of Business Structure in Order

question 114

Multiple Choice

Marco Valez is comparing forms of business structure in order to make the best decision for the business he plans to form next month. He plans to be the only investor/owner, and he will also actively manage the business. He is convinced that the company will be profitable, so he wants to keep all of the after-tax earnings for himself. Which of the following forms of business ownership is Marco most likely to choose?

• A) limited liability company
• B) sole proprietorship
• C) corporation
• D) limited partnership

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Definitions:

Psychological Counseling

A professional service providing support and guidance to individuals or groups to help them manage their mental health and emotional challenges.

Seeks Feedback

The act of requesting input or opinions from others about one's performance, work, or behavior, often for the purpose of self-improvement or reassessment.

Demonstrates Flexibility

The ability to adapt to changes and challenges in a way that is effective or benefits a given situation.

Encourage Excellence

The act of motivating and supporting individuals or groups to achieve high standards and outstanding performance in their activities or fields.